Hello to everyone. These days, I attach great importance to the subject of Defi. The cryptocurrency rally in the last year was thanks to Defi. In the Hive Blockchain, we need to pay more attention to the subject of Defi. There are very good developments in the Hive Engine part of the blockchain. In this article, I will talk about the APR ratios of liquidity pools on Tribaldex.com, another front end of Hive Engine. Certain pools have high APR rates. However, you can choose the liquidity pools of the tokens you like. Or you can choose pools that distribute your favorite tokens as a liquidity provider reward. Let's get to our list.
Pizza Pools:
- Pairs: Hive/Pizza
Liquidity provided: 7427 Hive
Tokens Distributed: Pizza, Hive, Archon, Sps, Utopis, Leo, Vibes, Pal, Neoxag, Sim, Sports, Cent, Ctp, Ape etc.
APR rate: 33.5% - Doubles: Pizza/Dec
Liquidity provided: 22406 Hive
Tokens Distributed: Pizza, Dec, Hive, Sim
APR rate: 344.7% - Doubles: Pizza/Starbits
Liquidity provided: 20799 Hive
Tokens Distributed: Pizza, Starbits, Hive, Sps
APR rate: 512.1%
Bee Pools:
- Pairs: Bee/Busd
Liquidity provided: 18011 Hive
Tokens Distributed: Bee
APR rate: 34.6% - Pairs: Bee/Usdt
Liquidity provided: 14002 Hive
Tokens Distributed: Bee
APR rate: 44.5% - Pairs: Bee/Hbd
Liquidity provided: 9598 Hive
Tokens Distributed: Bee
APR rate: 65%
Cent pools:
- Pairs: Hive/Cent
Liquidity provided: 586 Hive
Tokens Distributed: Hive, Cent, Centg
APR rate: 74.3% - Pairs: Hbd/Cent
Liquidity provided: 161 Hive
Tokens Distributed: Hbd, Cent, Centg
APR rate: 261.8% - Pairs: Cent/Pob
Liquidity provided: 518 Hive
Tokens Distributed: Cent, Pob, Centg
APR rate: 82.5% - Pairs: Cent/Leo
Liquidity provided: 244 Hive
Tokens Distributed: Cent, Leo, Centg
APR rate: 176.6%
Sports pools:
- Pairs: Sports/Hive
Liquidity provided: 81 Hive
Tokens Distributed: Sports
APR rate: 98.7%
Seed pools
- Pairs: Hive/Seed
Liquidity provided: 22342 Hive
Tokens Distributed: Seed
APR rate: 52.3%
Sim pools:
- Pairs: Hive/Sim
Liquidity provided: 129307 Hive
Distributed Tokens: Sim
APR rate: 21.2%
Lassecash pools:
- Pairs: Hive/lassecash
Liquidity provided: 451 Hive
Tokens Distributed: Lassecash, Archon
APR rate: 386.4%
I also gave the provided liquidity value in Hive coin. The tokens distributed are not at the same rate. Generally, those who create the pools distribute their own tokens at a higher rate. APR rates are variable;
- APR rates change as more liquidity is added to pools.
- APR rates change as the price value of tokens that provide liquidity in the pools change.
- Rates change if more prize coins are added to the pools.
- Etc. Etc. :)
The data was obtained from the /pools page at https://beeswap.dcity.io/swap. You can check the current data from there. Trading the tokens in said pools, adding liquidity, canceling the provided liquidity, creating new liquidity pools etc. You can use https://tribaldex.com/dieselpools/ for transactions. See you in new posts. Stay tuned.
How do you measure APR?
APR rates are calculated annually. The rates I have given above give the annual rate of reward tokens added according to the available liquidity provided. As I mentioned above, it is variable. USD value of your daily income*365=x, USD value of your provided liquidity/x=? etc. You can make an account. Or you can check your own rates by logging in on the site I shared above.
Great information for all Hive investors and I always wondered what APR are the pools providing. I am in SIM pool so is great to see now that I am getting a healthy 21.2% return. It would be great to have this information on TribalDex itself, but being on BeeSwap is complementing that!
Posted Using LeoFinance Beta
I noticed Beeswap a few days ago too. There will be such developments in Tribaldex over time.
Thanks for the info! Great for farmers looking for a great place to farm some yield.
Posted Using LeoFinance Beta
I totally agree. I hope we see more decentralized exchanges and liquidity environments in HiveBlockchain as well.
Same! Have you seen dSwap?
Posted Using LeoFinance Beta
Yeah. I use Dswap regularly.
Seems like the HBD/Cent pool would be great to get involved. Both are quasi-stable coins with a great APR. Or am I missing something?
There is no longer a target of convergence to a certain price value. Cent has become completely volatile. However, it has hovered around the $0.01 price so far. I just can't guarantee that it will continue like this from now on. As a result, it is more consistent and less risky than other token pools due to HBD.
https://peakd.com/hive-173575/@anadolu/update-cent-s-price-has
ok thanks for the update!
I thank you.
one problem for providing liquidity to cent pools is that it's almost impossible to buy a considerable chunk without having a considerable price impact... e.g. where can I buy 250$ worth of cent at a good price? Any solution for this?
There is no alternative for this unfortunately. Follow the Hive/Cent market regularly. You can enter purchase orders. You can regularly monitor and purchase Cent's Leo, Pob, HBD and Hive pools. I wouldn't recommend making too many purchases from the market or pools at once. You will most likely be able to buy at a higher price, as there will be a price shift. More liquidity will be added over time. Likewise, I think that the number and volume of buy-sell orders in the market will increase.
DeFi is really interesting, and I think it is the future
Yeah. It is necessary to research more, learn and take part in the work.